Parler to be acquired by digital media company Starboard, shut down temporarily

Parler, a platform that emerged out of the social media backlash of the Trump era, has been acquired by a new company that plans to temporarily shut it down. Digital media conglomerate Starboard, which recently changed its name from Olympic Media, announced on Friday that it has acquired Parler and plans to temporarily shut it down to launch a revamped version of the social network.
The financial terms of the deal were not closed. Starboard anticipates that the acquisition will be accretive by the end of the second quarter of 2023.
“Parler’s large user base and additional strategic assets repr

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